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Gold/Mining/Energy : Barrick Gold (ABX)
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To: Enigma who wrote (2221)3/30/2002 6:38:53 PM
From: nickel61  Read Replies (1) of 3558
 
If as I assert Barrick's hedging program was a contributor to the ability to move the gold price lower to benefit the " gold carry trade" investors then the number of dollars that Barrick funneled to the exploration companies is a piddling compared to the money that would have flowed to exploration companies at higher gold prices.
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